Charter Cities

Charter cities are special urban areas that operate under a unique set of laws and governance, designed to foster economic growth and innovation. They are established by a host country, usually with the goal of attracting investment and improving living conditions. These cities have the autonomy to create their own regulations on business, trade, and social issues, allowing for different governance models that can be more effective than national laws. The idea is to create environments where new ideas can flourish, leading to increased prosperity and better quality of life for residents.